Homes for sale - 3801 N Albany AVE, Chicago, IL 60618

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Lenny Feil

lenfeil@yahoo.com +1(708) 870-0514

$ 575,000

Est. payment | -/mo

11 Beds

4 Baths

3,484 Sqft Lot

Save

$ 575,000

Est. payment | -/mo

Save

11 Beds

4 Baths

3,484 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12434227

Bedrooms 11

Year Built 1895

Annual Tax Amount $19,692

Tax Year 2023

Lot Size 3,484 Sqft

Lot Dimensions 3468

Property Sub-Type Two to Four Units

Property Description

Exceptional opportunity to acquire a cash-flowing 4-unit property in the high-demand Irving Park neighborhood-ideal for the savvy investor seeking strong returns and long-term equity growth. The front frame building offers three spacious 3BD/1BA units, each with separately metered utilities and tenant-paid HVAC, minimizing owner expenses and boosting income. The rear structure adds an additional 2BD/1BA unit, offering diversified rental streams and maximum revenue potential. **This well-maintained asset sits on a quiet, tree-lined residential block, surrounded by consistent rental demand and strong neighborhood fundamentals. Tenants enjoy easy access to public transportation, major highways, parks, and retail, making it easy to lease and retain quality renters. **With minimal deferred maintenance, stable occupancy, and significant upside through rent increases or light value-add updates, this is a low-risk, high-reward investment. Ideal for cash buyers, 1031 exchange participants, or portfolio investors seeking a solid income-producing property in one of Chicago's fastest-appreciating areas. Turnkey, tenant-occupied, and sold as-is-start collecting rent from day one.

Location

State IL

County Cook

Area Chi - Irving Park

Rooms

Basement Crawl Space

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Community Features Curbs, Sidewalks, Street Lights, Street Paved

Building

Dwelling Type Two to Four Units

Building Description Frame, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Frame

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Oscar Darden • DEI Realty LLC

GET MORE INFORMATION

Lenny Feil

Broker-Owner | Lic# 471005412

lenfeil@yahoo.com

+1(708) 870-0514

4155 147th St, Midlothian, IL, 60445, USA

3801 N Albany AVE Chicago, IL 60618

Lenny Feil

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

3801 N Albany AVE